California Harbors and Navigation Code 461 – A bottomry lien, if created out of a real or apparent necessity, in …
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A bottomry lien, if created out of a real or apparent necessity, in good faith, is preferred to every other lien or claim upon the same thing, excepting only a lien for seamen’s wages, a subsequent lien of material-men for supplies or repairs indispensable to the safety of the vessel, and a subsequent lien for salvage.
(Enacted by Stats. 1937, Ch. 368.)
Terms Used In California Harbors and Navigation Code 461
- Lien: A claim against real or personal property in satisfaction of a debt.
- Vessel: includes ships of all kinds, steamboats, steamships, canal boats, barges, sailing vessels, and every structure adapted to be navigated from place to place for the transportation of merchandise or persons. See California Harbors and Navigation Code 21